---
schema_version: "secwatch.filing_event.v1"
accession: "0000090168-23-000006"
form_type: "8-K"
ticker: "SIF"
cik: "0000090168"
company_name: "SIFCO INDUSTRIES INC"
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T18:50:59.213477+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SIFCO receives JPMorgan default notice for failure to deliver borrowing base certificates due to cyber incident

## Summary
- JPMorgan issued default notice for failure to deliver required Borrowing Base Certificates under Credit Agreements.
- Default attributed to information access limitations from cyber incident on December 30, 2022.
- Company in good faith discussions with JPMorgan to resolve Existing Defaults.
- Financial reporting systems impacted; company continues investigation and remediation; material impact not yet determined.
- Notice reserves all lender rights; no waiver of defaults or obligation to extend further credit.

## SEC filing metadata
- accession: 0000090168-23-000006
- form_type: 8-K
- ticker: SIF
- cik: 0000090168
- company_name: SIFCO INDUSTRIES INC
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.04, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/90168/000009016823000006/0000090168-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/90168/000009016823000006/sif-20230206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000090168-23-000006
- JSON: https://secwatch.observer/filing/0000090168-23-000006.json
- Plain text: https://secwatch.observer/filing/0000090168-23-000006.txt

## Key facts
- Debt Financings
  SIFCO INDUSTRIES INC reported a default on credit facility with J.P. Morgan Chase Bank, N.A..
  - Instrument: credit facility
  - Counterparty: J.P. Morgan Chase Bank, N.A.
  - Event: default
  source text: received a Notice of Event of Default and Reservation of Rights (the “Notice”) from J.P. Morgan Chase Bank, N.A., as Lender, with respect to (i) that certain Credit Agreement dated as of August 8, 2018
  evidence_url: https://www.sec.gov/Archives/edgar/data/90168/000009016823000006/0000090168-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.